Investing in stocks can be a lucrative yet risky endeavour, and keeping abreast of the latest market news and trends is essential for any successful trader. The UK stock market offers traders many opportunities, with various potential investments available. This article will overview some top British stocks traders must watch in 2023. Each entry will explain why they are essential stocks to track in 2023 and provide information on their current performance and outlook.
Greggs
Greggs is a British bakery chain that has seen immense success recently, with the company’s share price rising significantly. Despite the challenging global climate, the bakery chain achieved record sales and profits in 2020. This impressive performance is partly attributed to the company’s focus on innovation, such as offering vegan options for customers or allowing them to order via an app.
Looking forward to 2023, Greggs will likely maintain its current momentum and offer traders an attractive entry point to purchase shares.
Prudential
Prudential is one of the most extensive financial services and insurance companies operating in Britain today. It offers a range of investment products designed to help individuals and businesses protect and grow their money. In 2020, Prudential’s share price rose by roughly 17%, with the company expecting to benefit from the UK’s eventual economic recovery. Prudential shares should remain attractive to traders looking for a solid return on investment in 2023.
PRS REIT
The PRS REIT is a real estate investment trust based in the United Kingdom. It was first established in 2017 and has become one of the most popular investments among traders looking to diversify their portfolios. The REIT recently raised over £5 billion through its initial public offering on the London Stock Exchange, and its share price has consistently increased since then. In 2023, the PRS REIT is expected to remain one of the top British stocks traders must watch out for, with analysts predicting further growth in the coming months.
NatWest Group
The NatWest Group is a financial services company headquartered in London that offers customers banking, insurance and other related services. The merger of the National Westminster Bank and the Royal Bank of Scotland Group in 2020 created it. The company’s share price has been steadily rising over the past year and is projected to continue doing so into 2023 as well. It should be a key stock for traders looking for investments in the banking sector this year.
Shell
Shell is a global energy company operating for over 100 years. It is one of the UK’s largest companies and has consistently delivered strong returns to investors despite volatile market conditions. The company’s share price rose roughly 13% in 2020, and analysts expect it to continue its upward trajectory into 2023. Shell should remain a key stock for traders looking to diversify their portfolios with investments in oil and gas this year.
Alpha Group International
Alpha Group International is a global financial services company with branches in the UK, Europe and North America. It is one of the industry’s leading players, offering traders a wide range of investment products and services. The value of its shares has risen significantly over the past year, and analysts predict it will continue to increase into 2023.
What platform to use to watch these stocks
Trading in stocks can be both an exciting and risky endeavour. To maximise returns, traders must stay abreast of the latest market developments and select their investments wisely. To see live quotes and charts of certain stocks, you can check out Saxo Markets. With this in mind, traders should decide which platform to use to watch the top British stocks they want to invest in during 2023.
eToro
eToro is a popular social trading platform that allows users to easily track the performance of stocks in real time. The platform offers traders advanced charting tools, market news and analysis, and copy trading features.
IG
IG is one of the most reputable online trading platforms available today. It has been operating since 1974 and offers traders a variety of features such as advanced charting tools, real-time news, market data and insights from experienced analysts.
Plus500
Plus500 is a popular CFD trading platform that offers users access to global markets. It has an intuitive interface and provides traders with advanced analysis tools, live news feeds and reliable customer service. Plus500 also allows traders to open leveraged positions for increased potential rewards.